Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There has been a placing of shares to pay of some debt most of which are to be Locked in until 2021. The shroud traders understanding that a slight rerate for the dilution would take place stepped out to come back in. But as the naive didn’t understand why a drop and looking like dropping and good news started panicking and selling now we are sitting at. A Mega bargain price will have to bounce back
I totally agree the figures speak for themselves and if you look at the covid side of thing as a start up it only being going for few months and is sitting on 25 million in cash. We don’t even know what percentage of the sales orders have been fulfilled yet! But can assume over an average of 4million a month production or maybe 5million per month we are about to hit 10 million test per month with new products to create new revenue!
Either bought out or massive rerate! Difference with us is too many facts here for the BS that’s spouted to scare decent folk out of the hard earned! Don’t forget undisclosed OEM agreement! This is going to rocket over coming weeks as all the new comes through
This looks like from his skill set we must be looking towards very big things in the near future! If PRE-NDA points towards fast tracking due to a large need for the technology with Covid 19 a take over could be on the cards sooner than anticipated!
Cyrille Petit began his career at Goldman Sachs and went on to specialise in external growth, mergers and acquisitions, and strategy at General Electric, where he worked for 15 years. In 2012, he joined the executive committee of Smith & Nephew PLC as Chief Corporate Development Officer, and later added the responsibilities of President, Global Business Services. There, he led the group's transformation and helped to accelerate growth through a series of transactions worth in excess of US$3B.
Trytobuylow Thanks that’s exactly my point the orders will be going in batches. You can even see from Zimbabwe order initial 500,000 then 1,000,000 to follow. Once we have forfilled our current orders we will be sitting on a mountain of profit. While orders pouring in at the same time. Now with the promise of new revenue generated through new products to be launched as per today's RNS this will have to rerate massively!! Won't be too far away for us to be sitting on the current MCAP in cash profit!
Fantastic RNS show how savvy the company actually are and are going to be with these massive new funds they are generating! With the promise of new money of our new products as per rns states this is going to new highs!
Too many traders bought in to sell on RNS landing!
Meaning what was a great RNS got the usual sell on opening!
SP will start coming back up as the traders and panicers have gone now and people with two eyes and a brain read the RNS and see the amazing update we have been given!
Also the news that we have been told is due to land.
News From America
Exsig launch
Mobile labs
Success in upscaling to 10,000,000 test per month
John Bell already said if they manage to achieve what they have set out it goes globally!!!! Just like NCYT the will heavily upscale production and source new partners!! Antibody testing is the most analytical tool available to understand how the virus spread so the testing will continue well after the virus goes if it goes
To me it looked geniune. But regardless I think design Freeze is going to be announced today at some point or Monday it geniunely is imminent now!!
I genuinely think buy Monday night if we haven't had it through today we will have the design freeze announcement!
I have had alot of communication with omega via twitter and so have others before they started using there pr company.
To know we are selling that soon they must now be just about to freeze the design! Look how long it's taking for the commercialisation and that was fully finished by the time we got involved
I think design Freeze could land today at some point of monday.
If the Email is geniune from yesterday he said it will be commercialised in the summer which we are now in the first summer month!
Once design Freeze they then need to fully validate test move from prototype go into full manufacture get the sales agreements in place and distribution then commercialisation can begin!
Also so he said he didn't want to estimate on a Timeline until they had achieved Design Freeze but said they are now confidentiality progressing and gave his estimation for timeline!
For him to be able to say that they must now be at design Freeze stage
Exactly!! It just drove sentiment and confidence and made the likely hood of a test coming to manufacture look much more likely with the CEO taking centre stage with the message he had which hasn’t changed! Actually as I said it’s the RNS That was just looked at as a classic speeding ticket and people didn’t actually read it properly to see it had actually confirmed our hope that the test “will” be manufactured. Any cheap shares should be bought up very fast as the RNS has put us in a stronger position.
No clues clearly said 50,000,000 government order until we where all hoping that initial order for the consortium was real and now been confirmed
We know they are the government test and now the have stated the real price sensitive information that they will be manufacturing the test and that had to be inRNS (Below) form as it is price sensitive!
also with the UK Rapid Test Consortium, which is jointly developing, and will manufacture, a Point-of-Care COVID-19 lateral flow antibody test.